End Of Fixed Term Contract Template for Nigeria

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Key Requirements PROMPT example:

End Of Fixed Term Contract

"I need an End of Fixed Term Contract document for a Project Manager in the oil and gas sector in Nigeria, with the contract ending March 31, 2025, including specific provisions for handover of sensitive technical documentation and ongoing project status."

Document background
The End Of Fixed Term Contract document is essential for organizations operating in Nigeria when concluding fixed-term employment arrangements. It serves as a critical tool for ensuring compliance with Nigerian labor laws while properly documenting the conclusion of temporary employment relationships. This document should be used when a fixed-term contract reaches its natural conclusion, typically specified in the original employment contract. It includes crucial information about final settlements, company property return, confidentiality obligations, and any post-employment restrictions. The document must align with the Labour Act of Nigeria and consider any sector-specific regulations or requirements. It's particularly important for protecting both employer and employee interests while ensuring a smooth transition at the end of the employment period.
Suggested Sections

1. Letter Header: Company letterhead, date, reference number, and addressee details

2. Subject Line: Clear indication that this is an End of Fixed Term Contract notice

3. Opening Statement: Reference to the original contract and its fixed term duration

4. Confirmation of End Date: Clear statement of the contract end date and last working day

5. Final Payment Details: Breakdown of final salary, accrued leave, and any other entitled payments

6. Company Property: List of company property to be returned and process for return

7. Handover Requirements: Specific requirements for knowledge transfer and work handover

8. Final Clearance Process: Steps to be completed for final clearance from various departments

9. Closing Statement: Expression of appreciation and future reference provision

10. Signature Block: Authorized signatory details and space for acknowledgment

Optional Sections

1. Non-Compete Reminder: Include when the original contract contained non-compete clauses that extend beyond employment

2. Certificate of Service Offer: Include when the employee has worked for a significant period or requires formal documentation of employment

3. Pension Transfer Details: Include when the employee has pension benefits that need to be addressed

4. Continuation of Benefits: Include if any benefits extend beyond the termination date

5. Exit Interview: Include if company policy requires an exit interview

6. Project Status Update: Include for employees in key project roles requiring detailed handover

7. Reference Policy: Include when specifying the company's policy on providing future references

Suggested Schedules

1. Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and deductions

2. Company Property Checklist: Itemized list of company property to be returned with condition assessment

3. Clearance Form: Departmental clearance checklist including IT, Finance, HR, and immediate supervisor

4. Benefits Summary: Summary of any benefits and their status post-employment

5. Handover Document Template: Standard template for documenting ongoing projects and responsibilities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Oil and Gas

Banking and Finance

Technology

Manufacturing

Construction

Education

Healthcare

Telecommunications

Professional Services

Retail

Agriculture

Mining

Transportation

Hospitality

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Administration

Operations

Compliance

Payroll

Employee Relations

Talent Management

Relevant Roles

Project Manager

Contract Staff

Temporary Executive

Interim Director

Seasonal Worker

Contract Engineer

Fixed-term Consultant

Research Associate

Visiting Professor

Acting Manager

Term-based Specialist

Project Coordinator

Temporary Administrator

Contract Analyst

Fixed-term Supervisor

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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